285 NE 118 TER, North Miami Beach, FL 33161

Parcel: 3022310370351 · Residential - Single Family · 1 Unit · Zoning: 5700

Assessed Value (2025)
$153,021

Property Details

Beds
2
Baths
2
Living Sqft
1,156
Year Built
1955
Lot Sqft
6,250
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$175,000
2004-09-01
2
$68,000-61%
2013-01-28
OSCAR R JIMENEZSG MIDAS INVESTMENTS LLC
3
$158,000+132%
2013-05-06
SG MIDAS INVESTMENTS LLCMAXIMO SONCINI

Tax Assessment History

$153,021
Assessed (2025)
$476,378
Market Value
$102,299
Taxable Value
$2,083
Annual Tax
2024
$148,709
$433,619
2025
$153,021
$476,378
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $153,021 $476,378 $102,299 $2,083
2024 $148,709 $433,619 $98,709 $2,010

About 285 NE 118 TER, North Miami Beach, FL 33161

285 NE 118 TER, North Miami Beach, FL 33161 is a 2-bedroom, 2-bathroom residential - single family : 1 unit built in 1955 with 1,156 square feet of living space on a 6,250 square foot lot. The property is currently owned by MAXIMO SONCINI, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2013-05-06 for $158,000, when SG MIDAS INVESTMENTS LLC sold to MAXIMO SONCINI. The property has appreciated $90,000 (132%) since the prior sale of $68,000 on 2013-01-28. There are 3 recorded sales for this property.

The 2025 assessed value is $153,021 with a market value of $476,378. This breaks down to $375,000 for the land and $101,378 for the building. The assessed value increased 3% from $148,709 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $78,125, and the median home value is $428,900. The population density is 8,590 people per square mile.

There are active mortgage liens totaling $21,871 recorded against this property. 285 NE 118 TER, North Miami Beach, FL 33161 is located in North Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this North Miami Beach property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2004 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 97% of the most recent sale price. Based on the most recent sale, this property traded at $137 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Current Owner

MAXIMO SONCINI
285 NE 118 TERRACE, MIAMI, FL, 33161
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,236 — $4,166
Flood $400 — $800
Property/Wind $1,836 — $3,366

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$78,125
Median Home Value$428,900
Pop. Density8,590/sq mi

Neighborhood 33161

55.2%
Owner-Occ
44.8%
Investor
251
Flips (4yr)
4,232
New Biz (3yr)
Distress Risk
MODERATE
38
View full risk analysis →

Mortgages

ACTIVE
$24,584
~$21,871 bal.
SECRETARY HOUSING URBAN DEVELOPMENT · 2021-09-23
Est. Total Balance $21,871
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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